Buying First Home Now
January 26th, 2010 by admin
Home is very important for many people. People who just married need a house. Nowadays, house is not very expensive. There are many real estate which sells house in good price. In this year, there is a great deal in real estate. We can receive tax credit. You can start Buying First Home. There are many mortgage companies which have the great deal. I have a friend who buys a house and he receives tax credit. The tax credit is not a small amount of money. The amount is really interesting. The amount is $8000. My friend tells me to use Coldwell Banker Mortgage. This company is really great. This company makes home loans easy. First-time homebuyers, or those who have not owned in the last three years, can receive up to an $8,000 tax credit. For home owners, the condition is the home owner must have used the home sold or being sold as a principal residence consecutively for 5 of the previous 8 years and will get $6,500 Tax Credit. But, there is an income limits for both home buyer and home owner. Income limits are $125,000 for singles, $225,000 for married couples with a $20,000 phase-out of the credit for both. This is really a great deal. If you qualified, you must bring the tax documentation, so you can get tax credit. You must take this great deal.
This entry was posted on Tuesday, January 26th, 2010 at 23:46 and is filed under Tips. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.